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  • The UK Financial Services Authority (FSA) has hired Colin Lawrence as director of its newly created prudential risk unit and Paul Sharma as director of wholesale and prudential policy.
  • Chadbourne & Parke represented Golden Telecom on its $4.2 billion acquisition by Vimpel Communications.
  • Debevoise & Plimpton is advising The Hartford Financial Services Group in its $500 million SEC-registered debt offering.
  • Paul Hastings has recruited four projects lawyers to join its Paris office.
  • After years of large state-owned enterprises monopolising the Shanghai exchange, China is to launch an equity market for smaller companies. But it's unlikely to impact international counsel
  • The UK Financial Services Authority's new prudential risk unit is welcome, but counsel wonder why it has taken so long
  • The International Capital Markets Association has appointed Fermín Cifuentes to its board.
  • As investors shun asset-backed securitisation, banks are using unwanted mortgages as security for covered bonds. And thanks to a new regime introduced in the UK last week, banks could find these instruments attract even more investors
  • The International Swaps and Derivatives Association has launched a new template for credit default swaps referencing the iTraxx(R) LevX(R) index.
  • Hunton & Williams has recruited a new head of banking and finance.